Bullboard - Stock Discussion Forum Eco (Atlantic) Oil & Gas Ltd V.EOG

Alternate Symbol(s): ECAOF

Energy Oil & Gas E&P

Eco (Atlantic) Oil & Gas Ltd. is a Canada-based oil and gas exploration company with offshore licensed interests in Guyana, Namibia, and South Africa. The Company operates a 100% working interest in the 1,354 square kilometers (km2) Orinduik Block in Guyana. The Orinduik Block is situated in shallow to deep water (70m-1,400m), approximately 170 kilometers (km) offshore Guyana in the Suriname... see more

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TSXV:EOG - Post Discussion

Eco (Atlantic) Oil & Gas Ltd > Is CGX A Buy Here?

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Post by argaiv on Jun 18, 2022 11:13pm

Is CGX A Buy Here?

The stock is down from its near $3 high the past year.

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Comment by Lonegaurdian19 on Jun 19, 2022 10:02pm

I'd go with Frontera if your going that route. CGX is already their subsidiary at this point

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Comment by IceDog13 on Jun 20, 2022 10:32am

I wouldn't touch CGX with a 10 foot pole at this point. Terribly run company, worst I have seen. They are about to lose both the Demera and Berbice blocks as they cannot fulfill there commitiments. They have $0, huge debt, and plans to drill on Corentyne with no funds to do so. Kawa apparently had 200 ft of net pay... yet it is questionable if it is commercial. These guys simply have no clue ...more

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